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ALLIANCE & CHAMBER ADVANCES CEDAR VALLEY ECONOMY WITH NEW STAFF & ROLES

(WATERLOO,IA) – The Greater Cedar Valley Alliance & Chamber is excited to announce the addition of two new individuals, as well as new roles for several existing staff. Over the past six months, the Executive Committee of the Greater Cedar Valley Alliance & Chamber has gathered feedback from community members and stakeholders on the organization’s future strategic goals. That input has resulted in placing high priority on talent and workforce initiatives, economic development (business recruitment and existing business expansion), and organization communications. Based on that feedback, the Alliance & Chamber has added two new staff members and adjusted existing roles to align with those goals.

Aubree Taylor started her role as Communications Assistant on May 1. Her responsibilities include graphic design, social media and website management, event promotion, and electronic and print communications. Aubree graduated in May 2018 from Wartburg College with a B.A. in Journalism and Communication and minor in Business Marketing and Leadership.

Aaron Jarnagin began as the Talent Solutions Marketing Intern on May 23. He assists with digital media, social media, and research for initiatives related to workforce recruitment and retention.  Aaron works specifically on content for the Live the Valley website and social media platforms. His internship also includes economic-related data research and support for business recruitment and retention projects and publications. Aaron plans to graduate from the University of Northern Iowa in December 2018 with a degree in Marketing: Advertising and Digital Media.

Cassie Grimsman was promoted to the role of Director of Talent Development effective July 1. Cassie began at the Alliance & Chamber in May 2017 as the Business Services Coordinator after graduating from the University of Northern Iowa with a degree in Financial Management and Organizational Leadership. In her new role, Cassie will advocate for Cedar Valley employer’s interests in relation to workforce and education, as well as helping to support and coordinate regional strategy to address both present and future workforce needs.

Johanna Kneedler was promoted to the role of Office Coordinator starting May 1. Johanna began at the Alliance & Chamber in 2016 as Administrative Assistant – Receptionist and has since assumed more responsibilities in overall office coordination to ensure efficient day-to-day work flow.

Lisa Skubal, Vice President of Economic Development, will assume execution of the business retention and expansion initiatives, previously performed by the Business Services Coordinator. She will continue to lead new business recruitment and prospect identification in collaboration with the Cedar Valley Regional Partnership. Lisa will also be creating and leading an Economic Development Advisory Council with input from regional partners, city officials, and other stakeholders.

 

Sandi Sommerfelt, Vice President of Operations and General Manager, continues to oversee general operations, while deepening her role in financial management of the organization, as well as oversight of organization communications.

 

Cary Darrah continues in her role as Acting CEO, which she was named by the Alliance & Chamber’s Executive Committee earlier this year. Part of Cary’s role as Acting CEO includes the reorganization of the Alliance & Chamber to support the strategic goals of the organization. The Executive Committee of the Alliance & Chamber plans to roll out its new strategic plan in the coming months alongside research, messaging and branding efforts.

 

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Greater Cedar Valley Alliance & Chamber Report: Four Years of Economic Development Will Spur $1.8 Billion in Economic Output

Study Finds Every Dollar Invested Generates $64 in Output

Dorothy de Souza Guedes, Independent Writer

Waterloo, Iowa, May 7, 2018:  Regional businesses will benefit from more than $1.8 billion in economic output generated over 10 years due to investments in economic development projects supported by the Greater Cedar Valley Alliance & Chamber from 2013-2017.

That is the conclusion drawn from analyzing data gathered by the Alliance & Chamber and reported in “The Economic Impact of the Greater Cedar Valley Alliance & Chamber from 2013-2017,” a report prepared by Impact DataSource, an Austin, Texas consulting, research, and analysis firm.

The Cedar Valley of Iowa is in northeast Iowa and is within a day’s drive of all major Midwest markets only 180 miles south of the Minneapolis/St. Paul and 265 miles west of Chicago and 315 miles southwest of Kansas City with a regional population of 236,038.

The Alliance & Chamber assisted 23 existing business expansions and new locations in the Cedar Valley of Iowa creating $260.3 million in new capital investment. Together, creating 558 jobs and retaining an additional 30 direct jobs and anticipated creation of 400 indirect jobs.

The report noted that for every $1 in new capital investment generated by these project, the businesses supported and generated:

  • $13.62 in additional worker earnings
  • $9.63 in additional local taxable sales
  • $2.01 in additional net benefits for cities
  • $5.61 in net benefits for all local taxing districts

During that five-year period, the Alliance & Chamber supported new or expanding existing businesses in economic development projects that created employment opportunities and spent money on supplies, services and other inputs. Direct expenditures include both those by the expanding businesses and earnings paid to new workers. This created a positive ripple effect on regional businesses as workers spend money in area businesses such as restaurants, banks, grocery stores, apartment complexes, convenience stores, and service companies.

“The Greater Cedar Valley Alliance & Chamber’s one-stop center for economic development services is critical to a community’s economic growth and many of these investments may not have occurred without the efforts of the Alliance & Chamber,” the report’s authors concluded.

“We act as a catalyst for economic and community development through strategies for growth, which prove to increase the economic vitality of this region like no other place in the state of Iowa. We are the Cedar Valley’s One-Voice for business and development interests. We believe in strong community development that feeds a strong economic development goal.,” said Cary Darrah, Acting CEO, Greater Cedar Valley Alliance & Chamber.

Local and state governments committed $24.9 million for incentives. After accounting for costs associated with increased demand for city services from new or expanding businesses and new households, the cities are expected to receive approximately $49.9 million in net benefits over the 10-year period.

The Alliance & Chamber plans to have the economic impact analysis done annually to review the impact of economic development projects on businesses and works in the Greater Cedar Valley of Iowa.

The Greater Cedar Valley Alliance & Chamber’s mission is to increase economic vitality and wealth by leading Collaborative economic and community development in Northeast Iowa.

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In the Media: Darrah Is Alliance & Chamber Interim CEO

“WATERLOO — The head of the Cedar Valley TechWorks has been named interim CEO of the Greater Cedar Valley Alliance & Chamber.

Cary Darrah, who has been with TechWorks since 2007, was named interim leader of the GCVAC as the economic development and business organization finishes a goal-setting process in its search for a new executive director.

Darrah also served 10 years as director of Cedar Falls Community Main Street from 1997 to 2007. She is the first woman to head the Alliance or any of its predecessor organizations since Kristi Ray headed the Cedar Falls Chamber of Commerce from 1997 to 2002.

The Alliance was created in 2004. The Waterloo and Cedar Falls chambers merged in 2007 and became part of the Alliance in 2008. TechWorks, a entrepreneurial campus of former John Deere buildings, is an Alliance subsidiary.

Darrah initially was TechWorks manager, then named Alliance executive vice president of community development in 2012 and TechWorks president in 2016.

‘Make no mistake, Cary is in the interim CEO position because she is very qualified,’ said Alliance board chairman Bob Smith Jr. of Lockard Cos.

Alliance and Chamber CEO Steve Dust announced last month he was stepping down after 14 years and would formally resign by June 30. His last day was Friday. Smith said it was easier to allow Dust to devote full attention to pursuing his next venture while the Alliance set its future course.

‘Cary was just the logical choice, very qualified,’ Smith said. ‘She’s well liked and trusted by the team there and the community.'”

Read the entire article here: Darrah named interim CEO as Alliance plans for future, by Pat Kinney, The Courier, February 22, 2018

 

In the Media: Courtyard by Marriott opens on TechWorks Campus

“I’m really excited about it,” she said. “It’s a seven-year commitment coming full circle,” since the hotel project first was conceived in 2010. “First it was one step forward, two steps back; then two steps forward and one step back; then just full steam ahead. It’s been an interesting progression. And we couldn’t find a better developer or better hotel partners.”

Cary Darrah, President of TechWorks Campus and Vice President of Community Development for the Greater Cedar Valley Alliance & Chamber, is quoted in this article about the opening of Courtyard by Marriott Waterloo Cedar Falls.

Courtyard by Marriott opens in former Deere building, Pat Kinney, The Courier, December 19, 2017

 

In the Media: Dan Tindall, architect, historic preservationist, and owner of the Blackhawk Hotel, dies

Cary Darrah, President of TechWorks Campus and Vice President of Community Development, is quoted in this article about the passing of Dan Tindall, the man who purchased and renovated downtown Cedar Falls’ historic Blackhawk Hotel.

Man who renovated landmark Cedar Falls hotel dies, Pat Kinney, The Courier, December, 23, 2017

 

High-Capacity Broadband from Mediacom Business Powering University of Northern Iowa Metal Casting Center

 The following information was released by Mediacom Business

 New additive manufacturing and design facility utilizes bandwidth intensive applications to train and prepare manufacturers and students

Waterloo, IA – June 28, 2016Furthering its commitment to drive economic growth in the Cedar Valley corridor, Mediacom Business, a division of Mediacom Communications Corporation, today announced the installation of a high-capacity broadband connection at the new University of Northern Iowa (UNI) Metal Casting Center on the TechWorks Campus in downtown Waterloo.

Randy Pilkington, Director of Business and Community Services for UNI, said manufacturers and students alike will learn necessary design software skills at the UNI Metal Casting Center to develop products and prepare CAD documents in conjunction with Hawkeye Community College for 3D printing. The facility houses the largest sand mold 3D design printer in the country, and is installing three new 3D printers over the next several months using a variety of media.

“Our goal is make the facility at the UNI Metal Casting Center the go to place in Iowa, if not the Midwest, to expand additive manufacturing training of this kind. This is a huge initiative for Iowa. We feel confident that by partnering with Mediacom Business, we’ll receive the high-capacity broadband necessary to make this happen,” Mr. Pilkington said.

Dan Templin, Senior Vice President for Mediacom Business, said his company’s partnership with UNI exemplifies how critical it is to have a high-capacity broadband connection to power advanced technology platforms. “The design software needed to fuel expertise in sand mold printing used by companies like John Deere or Rockwell Collins requires high speed data. Without it, you simply can’t conduct the training needed. We’re especially glad to play such an important role in bringing business and education together via our proprietary fiber-optic network.”

Cary Darrah, TechWorks Vice President and General Manager, said Mediacom Business powered a TechWorks Campus StartUp event last November with 5 Gigabits of fiber connectivity. “Fast broadband was a necessity for the event – the first time StartUp Weekend was held on the Campus. Mediacom Business delivered the fastest connection to data that we’d used. Mediacom Business came through for TechWorks Campus and StartUp Weekend Cedar Valley participants. I believe that gave the Metal Casting Center a clear indication that Mediacom Business was a good solution at this location.”

About the University of Northern Iowa Metal Casting Center

The University of Northern Iowa Metal Casting Center was established in 1990 with a grant from the Iowa Lottery to serve foundries and foundry suppliers in Iowa. The UNI MCC has been a leader in foundry innovations and added 3D sand mold printing capabilities in 2014. Since then, the UNI MCC has worked with more than 100 small and medium enterprises across Iowa and the Midwest as well as with all branches of the US military.

About the TechWorks Campus

TechWorks Campus is a 30-acre advanced manufacturing, research & development, innovation, education, commercial, and manufacturing center located in downtown Waterloo, Iowa. The campus is comprised of 20 acres of development sites, and 300,000 square feet of flex space for innovation and development.

About Mediacom Communications

Mediacom Communications Corporation is the fifth largest cable operator in the U.S. serving about 1.3 million customers in smaller markets primarily in the Midwest and Southeast through its wholly-owned subsidiaries, Mediacom Broadband LLC and Mediacom LLC. Mediacom offers a wide array of information, communications and entertainment services to households and businesses, including video, high-speed data, phone, and home security and automation. Through Mediacom Business, the company provides innovative broadband solutions to commercial and public sector customers of all sizes, and sells advertising and production services under the OnMedia brand. More information about Mediacom is available at www.mediacomcc.com.

Contact
Tom Larsen
Senior Vice President, Government & Public Relations
Phone: 845-443-2754 | Email: info@mediacomcc.com

Mixed Use Project Construction Begins on TechWorks Campus

Construction has begun on the hotel on the TechWorks Campus in the Cedar Valley of Iowa.

Construction has begun on the hotel on the TechWorks Campus in the Cedar Valley of Iowa.

$40M hotel, training center, conference space, restaurant construction launch in Tech 2 building

Today, TechWorks Campus, a subsidiary of the Greater Cedar Valley Alliance & Chamber, together with the City of Waterloo, Iowa Economic Development Authority, and Financial District Properties (FDP), celebrated the construction launch of the Courtyard by Marriott Hotel, John Deere Training Center, and restaurant in the Tech 2 building on the TechWorks Campus. The construction launch represents a significant step in the continued progress of developing The Green@TechWorks.

Governor Terry Branstad, Lieutenant Governor Kim Reynolds,  and Iowa Economic Development Authority representatives were present to celebrate the launch and its significance as one of the first designated Iowa Reinvestment Districts (IRD) and one of the first IRD project to get underway.

Tech 2, an 88-year old former John Deere tractor manufacturing building, is being transformed into The Green@TechWorks re-development project. The 180,000 square foot, six-story building will house a 191-room Courtyard by Marriott hotel; a new restaurant operated by Consolidated Restaurant Operations, Inc. (CRO); John Deere Regional Training Center and a conference center (managed by Courtyard). The Green project is a principal feature of the overall TechWorks Campus riverfront re-development.

Also celebrating the launch was hotel operator Hotel Specialists, Inc. (HSI) of Jacksonville, Illinois and restaurant operator Consolidated Restaurant Operations, Inc. (CRO) of Dallas, Texas.

The Green & Overall Project

The Green@TechWorks is part of the larger 33-acre TechWorks Campus. In addition to the Tech 1 and Tech 2 buildings (formerly John Deere Westfield R & C2) the campus includes parcels suitable for light manufacturing and retail. TechWorks Campus is the first technology park of its kind in Iowa to combine world class business amenities within a Brownfield redevelopment site.

The John Deere Waterloo Tractor & Engine Museum is already established in the Campus area, as is the Tech 1 Center for Applied Advanced Manufacturing, including the University of Northern Iowa’s Metal Casting and Additive (3D) Manufacturing Center and a Design Lab in partnership with Hawkeye Community College.

A marina and a riverfront restaurant along the Cedar River are also part of the overall $74.1 million Campus development plan.

“This is a momentous day for TechWorks, the city, and the state of Iowa,” says Cary Darrah, General Manager of TechWorks Campus. “Finally, the public can see the results of years of planning and the efforts of those who believed in the vision for this campus. This is the first of many celebrations to come!”

Downtown Momentum

TechWorks Campus is just steps to the Cedar Valley Recreation Trails, entertainment & museum districts, and a variety of Riverloop District amenities.

Other developments underway in the vicinity include: Grand Crossing mixed use residential/condominiums, Single Speed Brewery with Sidecar Coffee Shop, and Hawkeye Community College Urban Campus.

Construction of the Tech 2 building is now underway, with a projected hotel opening in Spring 2017.

TechWorks Campus is a private non-profit corporation and subsidiary of the Greater Cedar Valley Alliance & Chamber. More information can be found at www.techworkscampus.com or by contacting Cary Darrah, General Manager at cdarrah@cedarvalleyalliance.com, or Wes James Facilities Manager at wjames@cedarvalleyalliance.com, or by calling (319) 232-1156.

Find photos here.

Read more in the Waterloo Cedar Falls Courier.

Development Team Contacts:

The Green@TechWorks – Financial District Properties: Rodney Blackwell 563-324-9898

City of Waterloo: Mayor Quentin Hart 319-291-4301 or

Economic Development Director Noel Anderson 319-291-4366

 

 

TechWorks Campus Announces the Launch of the Green@TechWorks


$40M hotel and training center construction set to begin with Tech2 building sale to developer.

(Cedar Valley of Iowa) – The TechWorks Campus, announces the sale of the Tech2 building to Financial District Properties (FDP) and the start of construction of the highly anticipated Green@TechWorks mixed-use project.

Tech2, an 88 year old former John Deere tractor manufacturing building, is the starting point of the Green@TechWorks re-development project. The 180,000 square foot, six-story building will house a 191-room Courtyard by Marriott hotel; third-party restaurant; John Deere Regional Training Center and conference center. The Green is a principal feature of the overall $74M TechWorks Campus river-front re-development.

“It is gratifying to see The Green @ TechWorks become reality. The project will provide our Campus tenants with tremendous amenities just steps from their operations,” said Steve Dust, CEO of the Greater Cedar Valley Alliance & Chamber and President of the TechWorks Campus. “Combined with the industrial 3D printing and design center, labs and shop in Tech 1, and the fantastic new John Deere Tractor and Engine Museum, the opportunities for the TechWorks building sites and the marina become clear. These new operations compliment the downtown Waterloo revitalization and anchors new Cedar Valley developments along the river from Waverly through Cedar Falls to Waterloo. This is a very exciting time in the Cedar Valley.”

Since The Green@TechWorks project was announced in 2012, FDP along with TechWorks has moved forward with steady determination, pursuing federal, state, and local re-development financing, and brokering agreements between the developer, the City of Waterloo, and others.

FDP Managing Principal Rodney Blackwell has significant experience with downtown real estate redevelopment and is recognized for successfully assembling complex financing structures for downtown projects. Earlier FDP projects include the Mississippi Plaza Center in downtown Davenport, IA, and the North American headquarters for KONE Corp. in Moline, IL. FDP is currently developing Machinery Row, a mixed use re-development area in downtown Racine, Wisconsin. FDP also owns the river-front building occupied primarily by the Waterloo-Cedar Falls Courier at 100 East Fourth.

“Despite the inevitable bumps in the road and some unexpected big challenges; creativity, commitment, and a lot of patience tied all the pieces of the financing puzzle together,” says Blackwell. “We are eager to start construction and look forward to delivering a venue that will compliment the Campus and delight the community.”

Helping to finance the project is $12 million from the Waterloo Reinvestment District.

A portion of the TechWorks Campus has also become the first designated Iowa Reinvestment District (IRD). The District, established by The City of Waterloo will provide up to $12M in new state hotel/motel and sales tax revenues generated within the district for capital projects. $8M will be used to pay off bonds financing The Green@TechWorks. $3M will go to the development of the Tech1 building, with $1M boosting a proposed marina development.

The projected economic impact of the District is significant. Up to 562 new permanent jobs will be created to accommodate the anticipated 275,000 annual visitors to the Campus. Visitors are expected to generate $2.9M in annual food, retail and other sales generated on Campus or in the vicinity.

Construction set to begin on The Green@TechWorks.

Interior pre-construction will begin in March with mobilization expected in mid-April. The target opening date for the project is May 2017. The Davenport office of contractor Ryan Companies US, Inc. has been named to complete the project. Ryan Companies’ Greg Lundgren, Midwest President is senior Project Executive Officer.

An estimated 130 people will be employed during the one year construction period. FDP is committed to use local trades and subcontractors to the greatest extent possible. Only when faced with a skill, schedule, or major price constraint outside trades would be sought, according to developer Blackwell.

Amenities for the business class traveler.

Business travelers to the Campus will enjoy the amenities of the 191-room Courtyard hotel, the newest Marriott property in the market. The hotel will be operated by Hospitality Specialists Inc. of Grand Rapids, Michigan. Hospitality Specialists Inc. has been operating hotels for over 30 years with properties in Illinois, Michigan, Wisconsin, Indiana, and Florida.

The John Deere Regional Training Center will be constructed on the 2nd floor to address a range of skills upgrades for John Deere employees across its operations.

Consolidated Restaurant Operations, Inc. (CRO) of Dallas will expand its footprint to Iowa for the first time with a property in the Tech 2 building. CRO operates more than 91 full-service and 24 franchise restaurants in 17 states and globally. CRO manages brands ranging from the traditional steak house to Tex-Mex. The Green’s restaurant will be a new concept for CRO, consistent with Campus clienteles’ requirements.

$74.1 million TechWorks Campus mixed-use development offers unique opportunities.

The TechWorks Campus site and buildings, donated by John Deere to TechWorks in 2006 is located at the gateway to Downtown Waterloo at Highway 218 and West Commercial Street. The 30 acre TechWorks Campus is currently home to University of Northern Iowa Metal Casting Additive Manufacturing Center and Design Lab, Hawkeye Community College Design Lab, the Iowa Advanced Manufacturing Network Hub, John Deere Tractor and Engine Museum, and Cedar Valley Makerspace. TechWorks Campus is just steps to the Cedar Valley Recreation Trails, entertainment & museum districts, and a variety of Riverloop District amenities.

Four sites are available on the campus for light industrial, research and development, and retail. 100,000 sf remains in the six-floor Tech 1 building for build-to-suit space ideal for light manufacturing and R&D tenants. Six laboratories are also available. Plans for a marina and a riverfront restaurant along the Cedar River are part of the overall $74.1 million Campus development plan.

“Identifying and attracting the right tenant and development is the next priority for TechWorks,” says Cary Darrah, Vice President and General Manager of TechWorks Campus. “My job now is to work with the Greater Cedar Valley Alliance & Chamber development team to help companies understand the tremendous value of locating on the TechWorks Campus. With access to University research and training, a wealth of resources, opportunities to make the right connections and create synergies, the amenities of The Green right outside their door, the Campus location shouldn’t be hard to sell.”

TechWorks Campus is a private non-profit corporation and subsidiary of the Greater Cedar Valley Alliance & Chamber. More information can be found at www.techworkscampus.com or by contacting Steve Dust, President of TechWorks Campus by email sdust@cedarvalleyalliance.com, Cary Darrah, Vice President and General Manager at cdarrah@cedarvalleyalliance.com, or Wes James Facilities Manager at wjames@cedarvalleyalliance.com, or by calling (319)232-1156.

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TechWorks Bird’s Eye – Looking West (12.2.14) 24×36

TechWorks Campus Year in Review

It has been a year of tremendous progress on the TechWorks Campus. Watch the progress happen in this brief video as construction progresses, tenants move in, and events take place in  Tech 1.

 

Then download the PDF that outlines all the highlights from 2015 and previews what is to come in 2016.

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